Ford Motor (NYSE:F) Shares Sold by Nissay Asset Management Corp Japan ADV

Nissay Asset Management Corp Japan ADV trimmed its stake in Ford Motor (NYSE:F) by 1.4% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 490,370 shares of the auto manufacturer’s stock after selling 6,786 shares during the quarter. Nissay Asset Management Corp Japan ADV’s holdings in Ford Motor were worth $4,918,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Albion Financial Group UT lifted its stake in Ford Motor by 38.5% in the fourth quarter. Albion Financial Group UT now owns 3,600 shares of the auto manufacturer’s stock valued at $36,000 after acquiring an additional 1,000 shares during the last quarter. Brighton Jones LLC raised its holdings in shares of Ford Motor by 5.4% during the 4th quarter. Brighton Jones LLC now owns 19,693 shares of the auto manufacturer’s stock valued at $195,000 after purchasing an additional 1,001 shares in the last quarter. Angeles Wealth Management LLC lifted its stake in shares of Ford Motor by 1.3% in the 4th quarter. Angeles Wealth Management LLC now owns 80,728 shares of the auto manufacturer’s stock valued at $799,000 after purchasing an additional 1,024 shares during the last quarter. Cornerstone Wealth Group LLC boosted its holdings in Ford Motor by 10.6% in the fourth quarter. Cornerstone Wealth Group LLC now owns 11,429 shares of the auto manufacturer’s stock worth $113,000 after purchasing an additional 1,098 shares in the last quarter. Finally, Armstrong Advisory Group Inc. increased its position in Ford Motor by 6.9% during the fourth quarter. Armstrong Advisory Group Inc. now owns 17,157 shares of the auto manufacturer’s stock worth $170,000 after buying an additional 1,109 shares during the last quarter. Institutional investors and hedge funds own 58.74% of the company’s stock.

Ford Motor Price Performance

Shares of Ford Motor stock opened at $10.74 on Friday. The firm has a fifty day moving average price of $9.88 and a two-hundred day moving average price of $10.05. Ford Motor has a fifty-two week low of $8.44 and a fifty-two week high of $14.85. The company has a debt-to-equity ratio of 2.31, a current ratio of 1.16 and a quick ratio of 1.02. The company has a market cap of $42.57 billion, a PE ratio of 7.36, a price-to-earnings-growth ratio of 0.61 and a beta of 1.53.

Ford Motor (NYSE:F) last released its earnings results on Monday, May 5th. The auto manufacturer reported $0.14 earnings per share for the quarter, beating the consensus estimate of ($0.02) by $0.16. Ford Motor had a net margin of 3.18% and a return on equity of 16.88%. The business had revenue of $40.66 billion during the quarter, compared to analysts’ expectations of $35.99 billion. During the same quarter last year, the company earned $0.49 earnings per share. The firm’s revenue was down 6.2% on a year-over-year basis. Analysts expect that Ford Motor will post 1.47 EPS for the current year.

Ford Motor Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 2nd. Stockholders of record on Monday, May 12th will be issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 5.59%. The ex-dividend date is Monday, May 12th. Ford Motor’s payout ratio is presently 48.00%.

Wall Street Analysts Forecast Growth

F has been the subject of a number of analyst reports. Evercore ISI reduced their price target on Ford Motor from $11.00 to $10.00 and set an “in-line” rating for the company in a research report on Monday, February 10th. Piper Sandler reduced their target price on Ford Motor from $9.00 to $8.50 and set a “neutral” rating for the company in a report on Tuesday, May 6th. Royal Bank of Canada lowered their price target on Ford Motor from $10.00 to $9.00 and set a “sector perform” rating on the stock in a report on Thursday, February 6th. TD Cowen began coverage on shares of Ford Motor in a research report on Friday, March 7th. They issued a “hold” rating and a $10.00 price target on the stock. Finally, Sanford C. Bernstein downgraded shares of Ford Motor from a “market perform” rating to an “underperform” rating and decreased their price objective for the stock from $9.40 to $7.00 in a report on Wednesday, April 9th. Three investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and two have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Ford Motor currently has a consensus rating of “Hold” and an average target price of $10.00.

Ford Motor Company Profile

Ford Motor Company develops, delivers, and services a range of Ford trucks, commercial cars and vans, sport utility vehicles, and Lincoln luxury vehicles worldwide. It operates through Ford Blue, Ford Model e, and Ford Pro; Ford Next; and Ford Credit segments. The company sells Ford and Lincoln vehicles, service parts, and accessories through distributors and dealers, as well as through dealerships to commercial fleet customers, daily rental car companies, and governments.